The daily line is a small positive line with upper and lower shadows. The amplitude is basically the same as that of Bitcoin. The trading volume is slightly less than the previous day, which is at a normal level and there is no increase in volume.
The daily MA30 line is still in a downward trend and continues to move closer to the price. The daily MACD shows an oscillating and entangled trend slightly below the zero axis.
We have said before that the red box area is the relay interval of the previous round of daily level rise. It will take a period of oscillation here, and only after accumulating strength will it have a relatively good performance.
The short-term trend will still follow Bitcoin. Funds will flow out to Ethereum only after Bitcoin is in place. Be patient.
Daily level pressure level 2470-2540-2600-2850
Support level Support level 2230-2120-1940
From the hourly level, the current trend is a 5-minute pullback within a 6-8-hour pullback within a 12-hour pullback. You can go long at 2300 and 2270, and go short at 2390. Pay attention to stop-profit and stop-loss.
From the three-day liquidation heat map
The price is going up, and there are a lot of large short orders waiting to be liquidated in the 2396-2468 area.
The price is going down, and there are a lot of large and super large long orders waiting to be liquidated in the 2300-2188 area.
